ATO Crackdown on Overdue SMSF Annual Returns
The Australian Tax Office (ATO) has recently announced that from 1 October 2019, if your self-managed superannuation fund (SMSF) annual return is more than two weeks overdue for lodgement, your SMSF will not be able to receive employer super guarantee contributions or rollovers from another super fund. Read our latest newsletter article to see what impact this may have for you.